Ethical Compliance

KAMAT HOTELS (I)

Revenue

2.6%

Debt

32.3%

Liquidity

5.6%

Revenue

Debt

Liquidity

2.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Room Income
₹178.77

  Food and Banquet Income
₹108.74

  Other Operating Revenue
₹16.83

  Other Income
₹2.95

Questionable

INR Crores

  Net Gain on Sale of Investments
₹0.08

Non Compliant

INR Crores

  Interest Income
₹7.97

INR Crores

Revenue from Questionable Sources:₹0.08
Revenue from Non Compliant Sources:₹7.97
Total:₹8.05
Total Revenue:₹315.34

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹8.05

₹315.34

= 2.6%

compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.